Ascend Hires Gustavo Nechar as Vice President and Chief Human Resources Officer

HOUSTON–(BUSINESS WIRE)–Ascend Performance Materials, a global leader in the production of
specialty plastics, fibers and chemicals, announced today the hiring of
Gustavo Nechar to the role of vice president and chief human resources
officer. Nechar will lead the company’s HR department and continue the
work of positioning the company as a top employer across its geographic
footprint.

Prior to joining Ascend, Nechar served as vice president of human
resources at Dresser-Rand. Nechar also has held human resources
leadership positions at WABCO Vehicle Control Systems and Valeo, among
others.

“Being a leader in our industry means finding and keeping engaged,
highly motivated employees who want to learn and grow with us,” said
Phil McDivitt, Ascend’s president and chief executive officer.
“Gustavo’s global experience and leadership style will help us continue
to grow our business and create a unique culture for our employees in
all phases of their careers.”

Nechar will be based at the company’s headquarters in Houston.

About Ascend Performance Materials

Ascend Performance Materials is a global premium provider of
high-quality plastics, fibers and chemicals. Ascend is one of the
world’s largest integrated PA66 producers, with its own in-house
manufacturing facilities, ensuring total security of supply. Ascend’s
product range has earned it an unequalled reputation for quality,
innovative techniques and an enlightened approach to business that
expands the horizons of possibility. With eight global locations and
more than 2,400 people working at our sites around the world, Ascend has
the inspiration, the expertise, the people and the attitude toward
innovation to consistently deliver the right solution for customers.

Together, we’re making a difference.
Together, we’re inspiring
everyday.

More information about Ascend can be found at www.ascendmaterials.com

About SK Capital

SK Capital is a private investment firm with a disciplined focus on the
specialty materials, chemicals and healthcare sectors. The firm’s
purpose is to build strong and growing businesses that create
substantial long-term economic value. SK utilizes its industry,
operating and investment experience to identify opportunities to
transform businesses into higher performing organizations with improved
strategic positioning, growth and profitability as well as lower
operating risk. SK Capital’s portfolio companies generate revenues of
approximately $8 billion annually and employ approximately 9,000 people.
The firm currently manages more than $1.5 billion of committed capital.
For more information, please visit www.skcapitalpartners.com

©2017 Ascend Performance Materials Operations LLC. The Ascend
Performance Materials mark and logo are trademarks or registered
trademarks of Ascend Performance Materials Operations LLC.

Contacts

Ascend Performance Materials
Osama Khalifa, +1 832-963-1347
[email protected]